Posts tagged with "lending platform"

June 5th, 2018Digital Payment Firm Paytm is all set to invest $5-10 million (roughly Rs.33.5-67 crore) in a Mumbai headquartered digital lending startup CreditMate, for the second time in a round of funding after it infused an undisclosed sum in late 2017.
Though CreditMate chief executive officer Jonathan Bill has refused to give any confirmation...

May 3rd, 2018OpenTap, a FinTech startup based in Chennai has received a funding of more than $ 450,000 (Rs 3 crore) from a set of high net-worth individuals, according to a statement from the company.
The funds raise will be used to develop its team, strengthen its technological infrastructure, marketing and to widen the reach of its financial...

April 13th, 2018Happy Loans, the platform that connects borrowers from the MSME sector to lenders announced on Thursday that it made the acquisition of Non-Banking Financial Company (NBFC) IFMR Mezzanine Finance Private Limited in order to use the funds of the firm to provide loans to its customers.
Consequently to the deal, the NBFC company’s name...

April 4th, 2018Finzy, a peer to peer (P2P) lending platform, announced that it received a first round of pre Series A funding worth $1.3 million from investors in the lending industry. The next round of this Series A funding is projected to complete with additional investments from a pre-selected group of investors in the coming 2 months.
The...

March 23rd, 2018i2iFunding.com, a prominent peer-to-peer lending platform announced on Thursday that it has raised a second round of angel investment worth Rs 5 crores.
The funding round was led by SucSEED Venture Partners, Manish Poddar, an entrepreneur and investor along with a group of angel investors from worldwide famous consulting and private...

December 20th, 2017Peer-to-peer lending platform Faircent has raised $4 million in a Series B round of funding from Belgium based impact investor Incofin Investment Management.
The round also saw participation from non-banking finance company Muthoot Fincorp, NY based Elevate Innovation Partners, Japanese investment fund Das Capital, and Singapore-based...

November 6th, 2017China based Fosun International has led a $10 million round of funding in Mumbai-based Kissht, an online lending startup owned by OnEMi Technology Solutions Pvt Ltd. The round, which was closed last week also saw participation from Kissht's existing backers, early-stage venture capital firms, Ventureast and Endiya Partners, according...

March 1st, 2017Online lending platform CreditMantri today said it has raised USD 7.6 million (about Rs 51.4 crore) in a Series B (second strategic round) funding from Quona Capital and others.
The funding round was led by Accion Frontier Inclusion Fund, managed by Quona Capital along with Newid Capital and existing investors Elevar Equity, IDG...